SECURITY AGREEMENTSecurity Agreement • October 28th, 2004 • Elbit Vision Systems LTD • Industrial instruments for measurement, display, and control • New Jersey
THIS SECURITY AGREEMENT (the “Agreement”) is entered into and made effective as of August 26, 2004, by and between ELBIT VISION SYSTEMS, LTD. , an entity organized under the laws of the State of Israel (the “Company”), and the BUYER as defined in the Securities Purchase Agreement of even date hereof (the “Secured Party”).
SECURITY AGREEMENTSecurity Agreement • October 28th, 2004 • Elbit Vision Systems LTD • Industrial instruments for measurement, display, and control • New Jersey
THIS SECURITY AGREEMENT (the “Agreement”) is entered into and made effective as of August 26, 2004, by and between EVS US, INC. , a Delaware corporation (the “Company”), and the BUYER as defined in the Securities Purchase Agreement dated the date hereof (the “Secured Party”).
PLEDGE AND ESCROW AGREEMENTPledge and Escrow Agreement • October 28th, 2004 • Elbit Vision Systems LTD • Industrial instruments for measurement, display, and control • New Jersey
THIS PLEDGE AND ESCROW AGREEMENT (the “Agreement”) is made and entered into as of August 26, 2004 (the “Effective Date”) by and between Cornell Capital Partners, LP (the “Pledgee”), Elbit Vision Systems, Ltd. (the “Borrower”) and Butler Gonzalez llp, as escrow agent (“Escrow Agent”). All capitalized terms used in this Agreement and not otherwise defined herein shall have the meanings assigned to them in the Documents (as defined herein).
INVESTMENT AGREEMENTInvestment Agreement • October 28th, 2004 • Elbit Vision Systems LTD • Industrial instruments for measurement, display, and control • New Jersey
THIS INVESTMENT AGREEMENT (the “Agreement”) is dated as of August 26, 2004, by and between CORNELL CAPITAL PARTNERS, LP, a Delaware limited partnership (the “Buyer ”), and ELBIT VISION SYSTEMS, LTD., an entity organized under the laws of the State of Israel (the “Company”).
